Quote from: CoinMoon on December 14, 2017, 12:16:43 PM

Quote from: johnjin on November 29, 2017, 06:26:25 PM

the price of bitcoin going up crazy,Is there an investment institution entering bitcoin or because of other reasons,what do you think?

Bitcoin is experiencing the first real wave of global recognition. The price of Bitcoin is bound to keep going higher at crazy rates as the mania phase kicks in. Demand is huge and supply is very low (some even say there are less than 5m coins available in the market, not 16m due to loss of coins, extreme hodlers like satoshi and so on). My guess is 6 figures by mid 2019.

I believe there is more than global recognition. The reason of this rise is because whales who are controlling the market want that way. Their aim is to take our money by crashing the market on very unexpected time.